Skip to main content

About your Search

20130201
20130228
Search Results 0 to 7 of about 8
as sequestration take effect at the beginning of march. the pentagon has to reduce spending by $46 billion in the remaining seven months of fiscal year 2013. >> if these cuts happen there will be a serious disruption in defense programs and a sharp decline in our military readiness. >> reporter: this army document says three-fourths of its combat brigades will have to delay their training for several months resulting in a failure to meet demands of the national military strategy by the end of this year. afraid it will have to take $18 billion out of its own budget the army has already stopped maintenance of 1,300 vehicles and 17,000 weapons. according to this document the air force would cut its overhauls of aircraft by one-third, with the result that some planes would have to be grounded. flying hours for air force pilots would be cut by 18%. >> it puts at risk our fundamental mission of protecting the american people. >> reporter: combat operations in afghanistan would not be affected by the cuts but the pull-out of $20 billion worth of equipment could be delaye
're less than a month away from massive layoffs and cuts in spending at the pentagon and elsewhere. nancy cordes is on capitol hill. >> reporter: good morning. they call this the sequester and both signs long predicted it could harm the economy if the cuts are allowed to kick in. instead of working together to do something about it they resorted to the blame game a month before the deadline. republicans may be the party of spending cuts but on monday house speaker john boehner insisted the looming sequester was the president's idea. >> the president first proposed this sequester in 2011 and insisted that it be part of the debt limit agreement. >> reporter: unless congress acts the package of cuts worth $1.2 trillion will start to kick in march 1st, taking a $55 billion bite out of this year's defense budget and $27 billion from domestic discretionary spending. according to the congressional budget office more than 1 million jobs are at risk. defense secretary leon panetta had this warning. >> we are going to weaken the united states and make it much more difficult t
achieve? everything. david martin, cbs news, the pentagon. >>> before romesha's medal of honor ceremony, his son provided comic relief. 1 1/2-year-old colin got behind the president's podium and tried to climb up on the chair reserved for his dad. a show stealer. >>> coming up after your local news on "cbs morning news," charlie rose sits down with dick cheney. >>> that's the "cbs morning news" for this tuesday. thanks for watching. i'm anne-marie green. have a great day. -- captions by vitac -- www.vitac.com -- www.vitac.com and i'm michelle griego. time is 4:-- here >>> good morning. happy fat tuesday, by the way. february 12, i'm frank mallicoat. >> i'm michelle griego. time now is just about 4:30. let's check the weather. it's fat tuesday so live it up today. >> this is a good day to do in. a little patchy fog in the bay area but looks like we'll see a lot of sunshine in most spots by the afternoon. 30s and 40s now. much warmer weather is on the way. we'll talk about that coming up. >> we'll check the bay bridge toll plaza. so far it looks good hea
in the words of the secretary of defense, destroys the pentagon. >> reporter: if there's any silver lining in this mess it's that the cuts would phase in gradually so if the two parties could come to agreement in a few weeks or a few months, much of the damage could probably be undone. bill plante, cbs news, the white house. >>> some republican opponen chuck hagel's bid to be defense secretary say they will probably allow his confirmation vote to proceed. hagel's nomination has been put on hold trapped in battle between republican lawmakers and the administration over the attack on the u.s. mission in libya. >>> well you've probably already noticed this but the price of gas has risen 32 straight days. this morning the average price of a gallon of unleaded gas is $3.69. that's up 14 cents from a week ago and 43 cents a gallon from last month. experts say rising oil prices, reductions in cuts are all adding to the dramatic increase. >>> well arkansas law enforcement officials say troubled country sing erminedy mccready has apparently taken her own life. she was found
as the sequester. so ironically, if the president is going to discuss job creation, the pentagon is planning to cut 800,000 civilian worker hours by 20% and homeland security is about to slash a quarter of its total border agents. so really opposing ideas being introduced at the same time. >> is it possible the sequester won't happen? >> reporter: the president has been talking about the negative impact of this sequester and economists agree. they say these cuts will shave a .5% from growth thisser y that's significant. we are only growing by 2 to 2.5% but this is a hard part about debt reduction. figuring out how to dig out of the hole which would come at the expense of growth. >> how does the public weigh in on how to do that? >> reporter: we want it all not surprisingly. in a recent poll people say strengthening the economy and improving the jobs situation should be the top priority for the white house and congress. right? that was the same as four years ago. but reducing the budget deficit is moved up significantly on the public agenda. if you look at
. and the funding cuts gethit just one week from today. with the pentagon and other departments already in crisis mode, the white house oannounced thursday the president phoned mitch mcconnell and house speaker john boehner but deliberately avoided saying more. was it simply to restate his position or to reach out to them in the interests of compromise? >> the president spoke with senator mcconnell and the speaker. i have no content to read out to you of those conversations. >> reporter: the two republican leaders pointed out this was the first time the president has reached out to them on the topic of the automatic cuts in two months since the end of 2012. the sequester is set to kick in a week from today will mean $1.2 trillion in across the board cuts. thursday, mr. obama argued to friendly radio hosts that republicans are standing in his way for the wrong reasons. >> their basic view is that nothing is important enough to raise taxes on wealthy individuals or corporations and they would prefer to see these kinds of cuts and that's the thing that binds their party togethe
nuclear site. >>> the pentagon has grounded its new fleet of 51 f-35 fighter jets is after a crack was found in the engine blade of one plane. all of the planes are being tested at the time. none were being used in combat. it's the pentagon's most sophisticated aircraft system and the most expensive, costing almost 4$4 billion. >>> the first lady's efforts to encourage young people to exercise got some support from jimmy fallon. he teamed up with the first lady. there you see it to perform the evolution of mom dancing. fallon asked mrs. obama if she would consider running on the presidential ticket with hillary clinton in 2016. the first lady said she was interested in another job, hosting for "the tonight show" when jay leno retires. she's quick. >> she is quick. >>> here's stacy-ann gooden with a look at the weather. good morning. >> good morning. we're looking at pretty active conditions out west. i know it doesn't look like that, but we want to point your attention to what's going on out across the northeast. this system has been dumping heavy rainfall a
% of the pentagon's budget but the senate headed home without resolving a dispute over the president's pick to lead the military former republican senator chuck hagel. >> we need a secretary of defense on the job. no one, no one knows, especially in the united states senate what foreign challenge will face this country perhaps within the next ten days. >> reporter: republicans say they still have questions about hagel's foreign policy speeches his income and his qualifications for the job. so in a rare move they filibustered his nomination. >> he is the wrong person at the worst time for the job, this day we can and must do better. >> reporter: republicans say they probably will allow hagel to get confirmed when they come back from recess. democrats say if that's the case, why not just confirm him now? this was supposed to be secretary panetta's last week on the job but j.b. and norah, he says he'll stick around until a new defense secretary is named. >> nancy cordes, thank you so much. >>> double amputee olympian oscar pistorius is denying in "the strongest terms" that
Search Results 0 to 7 of about 8